This Stock Market Bubble Makes the Bitcoin Crash Look Like a Joke

By CCN: Wall Street loves to compare bitcoin to tulip bulbs and beanie babies, but if the stock market isn’t trapped in a devastating bubble then nothing is. It’s easy to trash crypto in the wake 2017 ICO frenzy. From peak to trough bitcoin lost around 85 percent of its value in 2018. And bitcoin is generally regarded as the safe haven play in the digital currency landscape. Many small-cap coins lost more than 95 percent of their value; others went bust. That may, however, be a valuable lesson for anyone keeping a close eye on US equities. Stocks are

The post This Stock Market Bubble Makes the Bitcoin Crash Look Like a Joke appeared first on CCN

Source: https://www.ccn.com/this-stock-market-bubble-makes-the-bitcoin-crash-look-like-a-joke

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